, kicked off earnings season before the bell Tuesday. The impact of the virus on business might be somewhat muted as state stay-at-home orders were taking effect towards the end of the January-to-March quarter. during the surge in market volatility in the first quarter.
The company reported a worse-than-expected 78 cents per share as it added $6.8 billion to loan loss provisions. Shares of J&J were up about 3% in premarket trading after the company reported better-than-expected adjusted earnings of $2.30 per share in the first quarter on better-than-expected revenue of nearly $20.7 billion. The U.S. drug giant raised its quarterly dividend.
The bottom was hit and the markets are rational and stable again. Good time to buy, get in on it!
QE AND BUYING PROGRAM HAS BEEN REALLY GOOD FOR WALL STREET NOT THE REST OF THE NATION.
As earnings season kicks off, 15 million people file for unemployment. Dow set to jump. Who wants to take a leap of faith?
Seems like Wall Street has forgotten to carry a (-) somewhere in the equation
U.S. Constitution Article 1 Section 10: 'No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but GOLD and SILVER Coin a Tender in Payment of Debts.'
Wall Street is so messed up, so for the next few months the stocks that are going to Rally are the ones that didn't lose as much as we expected them to.
BASED ON WHAT REALISTIC BUSINESS FUNDAMENTALS ? Oh yeah that’s right...biz fundamentals don’t matter
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